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Sep 27, 2012
09/12
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that's the news out of washington. >> more good news from d.c. thank you. all right. so is this just the height of government waste? joining us is scott hodge and julian epstein. scott, your reaction. i know it's not a big sum of money, but come on. >> well, the basic responsibility of every employer is to pay the taxes on behalf of their employees. you can be subject to fines or liens or property seizure if you don't do it. these federal government agencies are getting away with murder here and not paying the taxes. there's really nothing the irs can do. this is a basic responsibility. they're fumbling the ball badly on this. >> it really feels like maybe the government is setting a bad example, right? >> terrible example. >> and scott, is there any way to penalize them? >> no. >> apart from hiring more people to look into it and do something about it? >> no, in fact, the report doesn't even list the agencies. we can't even humiliate them because they've redacted the names of the agencies here. so they're even hiding that element of it. so this is a real travesty. ta
that's the news out of washington. >> more good news from d.c. thank you. all right. so is this just the height of government waste? joining us is scott hodge and julian epstein. scott, your reaction. i know it's not a big sum of money, but come on. >> well, the basic responsibility of every employer is to pay the taxes on behalf of their employees. you can be subject to fines or liens or property seizure if you don't do it. these federal government agencies are getting away with...
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Sep 21, 2012
09/12
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john harwood is in our washington bureau with more on the release of mitt romney's tax returns. john, with an average effective tax rate of 20% over the past 20 years, do you believe this will put the romney taxgate on the back burner? >> no. but i don't think it will el rate it much beyond what it's already been either. the reason for that, brian, is that while releasing these overall statistics, mitt romney is not releasing the actual returns and democrats will say, well, prove it. because this is the dialogue we've had back and forth even when somebody like harry reid, the democratic senate leader, was making charges, which he is unable to back up, saying, oh, well i heard from somebody that he didn't pay federal taxes. democrats would say, well, it is easy for you to prove it if you just release the numbers. releasing this description doesn't exactly do that, although it provides some information for romney's allies to rebut. what we learn from 2011 is that the income reported by mitt romney is less than he estimated earlier in the year. he'd said that it was going to be abo
john harwood is in our washington bureau with more on the release of mitt romney's tax returns. john, with an average effective tax rate of 20% over the past 20 years, do you believe this will put the romney taxgate on the back burner? >> no. but i don't think it will el rate it much beyond what it's already been either. the reason for that, brian, is that while releasing these overall statistics, mitt romney is not releasing the actual returns and democrats will say, well, prove it....
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Sep 12, 2012
09/12
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look at the water cannon salute in washington, d.c. as they touch down. this is the first flight in to d.c. this is the seventh market in the u.s. the third one added this year by emirates. yes, it is the fastest growing international airline. why have they targeted the u.s.? largely because it is untapped for them. look at the seven cities that they serve here. some people might be surprised if you have the three cities out west -- seattle, san francisco and los angeles. but they're adding a-380 service into los angeles, they do that out of new york city, you see dallas and houston there, expect to see chicago, second-tier cities, about 15 all together, mandy, when with it is all said and done. here is the head of emirates talking to what they try to bring to the table for customers. >> obviously our passengers value what we do. the value proposition is an extremely good one. we don't charnel for food or amenities or baggage or whatever. we provide so much of the product free of charge with regard to just the add-on costs. you pay a fare. we think we --
look at the water cannon salute in washington, d.c. as they touch down. this is the first flight in to d.c. this is the seventh market in the u.s. the third one added this year by emirates. yes, it is the fastest growing international airline. why have they targeted the u.s.? largely because it is untapped for them. look at the seven cities that they serve here. some people might be surprised if you have the three cities out west -- seattle, san francisco and los angeles. but they're adding...
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Sep 28, 2012
09/12
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it's not washington's decision to decide what the price should be. these are people, private companies which many of us may have shares in, that want to export a product that they own. and make money for us. this is a good thing. if the producers lock themselves into a bad price, that's their problem. it's not washington's problem. it's not tyson's problem. it's not my problem. so let them make those decisions. let them take the risk. let's not twirl our fingers and our hair and look at the ceiling and worry about things that might go wrong. that's not our job here. our job is to let people make their own decisions. >> these issues feature very unique national security concerns. so we all talk about energy independence as a national priority. so when you're talking about exporting large volumes of gas produced here in the united states, it raises issues about the sustainability of that price. >> no, it doesn't. >> for the domestic market. >> we have plenty of coal and gas to produce electricity. we do not have a dependency problem for electricity. we
it's not washington's decision to decide what the price should be. these are people, private companies which many of us may have shares in, that want to export a product that they own. and make money for us. this is a good thing. if the producers lock themselves into a bad price, that's their problem. it's not washington's problem. it's not tyson's problem. it's not my problem. so let them make those decisions. let them take the risk. let's not twirl our fingers and our hair and look at the...
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Sep 10, 2012
09/12
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we've never had the leadership in washington from either party. everybody has promenised, elect me, we'll be independent. obama said when he got the domination in 2008 in denver, he said in ten years we will not import any oil from the mid east. he has not shown a plan. he has not done one thing to accomplish that. but the economy going down has cut imports. but what would i do? i would -- i would come in with -- where i'd lead from is we have resources in america and we're going to use our resources. anything american goes with me. i'm all-american on resources. we have the resource. i would have a plan. you've kind of given it to me here, but it would be a long time before i'm energy secretary. i'll be ready when i get there, i can tell you that. >> well, you know, you still have a ways to go, boone, don't worry about that. pipelines. haven't heard much from any candidate about this. we've got a lot of jobs sitting out there, right, waiting to be built, literally. >> sure. there's no question. the excel pipeline, key stone pipeline, should be bu
we've never had the leadership in washington from either party. everybody has promenised, elect me, we'll be independent. obama said when he got the domination in 2008 in denver, he said in ten years we will not import any oil from the mid east. he has not shown a plan. he has not done one thing to accomplish that. but the economy going down has cut imports. but what would i do? i would -- i would come in with -- where i'd lead from is we have resources in america and we're going to use our...
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Sep 13, 2012
09/12
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yesterday former fed governor larry meyers at a conference in washington said he'd never seen such a divided fed. and we see it, we who cover the fed see it in the speeches in the run-up to today's decision. some people said that it was dubious whether qe3 would work. could you comment on former governor mie meyers' suggestion sometimes don't you wish some of the officials who don't support qe3 would keep their fears to themselves? thank you. >> as you know, we are living in a very plex time and dealing with a complex economic situation and a variety of novel and different issues, including new policies that haven't been used in the same way in the past. and so naturally we have a range of views, a range of opinions. i think on the whole that's probably a good thing. it's good to hear different points of view. it is good to make sure that the points of view that are outside the fed are reflected in the discussion around the table, inside the fed. so we have a very collaborative and collegial discussion process that spans a range of views. we were, however, able to come to a pretty go
yesterday former fed governor larry meyers at a conference in washington said he'd never seen such a divided fed. and we see it, we who cover the fed see it in the speeches in the run-up to today's decision. some people said that it was dubious whether qe3 would work. could you comment on former governor mie meyers' suggestion sometimes don't you wish some of the officials who don't support qe3 would keep their fears to themselves? thank you. >> as you know, we are living in a very plex...
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Sep 25, 2012
09/12
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senior correspondent scott cone is reporting from washington today as part of our education pales in nation coverage. scott? >> brian, a college education still is worth it in terms of earning hour for college graduate bus the equation changed by the lousy job market and the exploding cost of college which has students and their families borough more -- borrowing mohr but there is a school in north carolina trying to buck the trend. this is a college life, a picturesque campus in the north carolina foothills. everything a college kid could want, including free laundry. >> they do our laundry for us. some people think we are spoiled. i really enjoy t. >> reporter: there's also a nationally ranked world-class education. >> a very particular mission to educate talented students for leadership and service. >> reporter: this doesn't come cheap. more than $52,000 a year for tuition, room and board, but these students won't be drowning in debt because davidson college doesn't do student loans. >> i think this school has made a commitment to the its students and future students. >> reporter:
senior correspondent scott cone is reporting from washington today as part of our education pales in nation coverage. scott? >> brian, a college education still is worth it in terms of earning hour for college graduate bus the equation changed by the lousy job market and the exploding cost of college which has students and their families borough more -- borrowing mohr but there is a school in north carolina trying to buck the trend. this is a college life, a picturesque campus in the...
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Sep 14, 2012
09/12
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let's get to john howard now in washington to get his take on all of this. john, it was a very solemn and very moving moment. >> exactly right. both president obama and secretary of state hillary clinton offered tributes to each of the men, told a little about them, their service especially. the two former navy s.e.a.l.s in iraq and afghanistan. and cast their loss of life in the tradition of american service around the world. trying to leave the world a little bit better place. that's what they were. that's who we are as americans. he said america will never forfeit its role in world affairs and not stop trying to lead. >> and john, we know that chris stevens was the first ambassador killed overseas since 1979 when the u.s. ambassador to afghanistan was killed in an attack there as well as the eighth ambassador to be killed since 1950. what have we heard? what have we learned about stepping up security at u.s. embassies in hot spots around the world? >> we've seen, for example, in yemen where some of the protests have spread, the administration has sent mar
let's get to john howard now in washington to get his take on all of this. john, it was a very solemn and very moving moment. >> exactly right. both president obama and secretary of state hillary clinton offered tributes to each of the men, told a little about them, their service especially. the two former navy s.e.a.l.s in iraq and afghanistan. and cast their loss of life in the tradition of american service around the world. trying to leave the world a little bit better place. that's...
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Sep 5, 2012
09/12
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well, 50% of you said, washington is to blame. 15% said the education system. 10% said parents. and 4% blame kim kardashian. >>> on deck, president clinton gearing up for a big speech tonight at the dnc. will he really help obama bring in those still undecided voters? and are you ready for some football? the nfl season kicking off tonight with the new york giants taking on the dallas cowboys. we'll talk big blue at their own stadium next. at bank of america, we're continuing to lend and invest in communities across the country. whether it's supporting a delaware nonprofit that's providing training and employment opportunities, investing in the revitalization of a neighborhood in the bronx, or providing the financing to help a beloved san diego bakery expand, what's important to communities across the country is important to us. and we're proud to work with all of those who are creating a stronger future for everyone. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer
well, 50% of you said, washington is to blame. 15% said the education system. 10% said parents. and 4% blame kim kardashian. >>> on deck, president clinton gearing up for a big speech tonight at the dnc. will he really help obama bring in those still undecided voters? and are you ready for some football? the nfl season kicking off tonight with the new york giants taking on the dallas cowboys. we'll talk big blue at their own stadium next. at bank of america, we're continuing to lend...